Ethical Issues in Business Analysis 2022

ETHICAL ISSUES IN BUSINESS
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Ethical issues in Business
Business have a responsibility of acting in the best interests of the environment and the
wider society. This means that their operations, information shared or goods and services must
be designed in a way that does not undermine some individuals or endanger their health. Some of
the biggest issues affecting businesses include falsification of accounting books, discrimination,
privacy issues and misuse of social media channels through sharing of inappropriate content
(Baker & Comer, 2012). Several issues arise from the scenario given the spread of falsehood in
by Breitbart News order to hurt the reputation of Kellogg’s and the inappropriate use of its
position as a mainstream media.
Business have a responsibility of ensuring that their activities align with the societal
values as well as the values described in its mission statement. This means that they should avoid
being involved directly or indirectly with irresponsible enterprises. Companies have an
obligation to advocate for practices that enhance positive outcomes on consumers, the
environment and the wider society. This means that businesses should be held accountable for
their actions. In this regard companies have an obligation to boycott sites that promote
inappropriate content as a way of staying true to their values (Ramasastry, 2015).
Additionally, it can also do so to enforce the necessary action by such sites.
Neutrality in business is a debatable issue. While some believe that businesses should
always take a neutral position especially on political issues, others believe that the opposite
would be more appropriate. However, a sizeable number believe that businesses should always
take a position on social issues. However, the position taken by a company on these issues
should be in line with their fundamental values and be supported by the actions of the company